2014 ZMK to RSD Historical Review

YEARLY HIGH

0.0191 RSD

YEARLY LOW

0.0158 RSD

YEARLY AVERAGE

0.0168 RSD

2014 ZMK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZMK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0191. Conversely, the yearly low was recorded on May 6, dropping to 0.0158.

This high-to-low spread represents a total annual volatility of 0.0033 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0161 to the December average rate of 0.0188, the exchange rate registered a net change of 16.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0191 was up 12.04% compared to the 2013 peak of 0.0170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ZMK based on timing:

Yearly Peak High 95 RSD

2013 Average 81 RSD

Yearly Trough Low 79 RSD

Transaction Impact: A difference of 16.31 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0191

0.0156

JanuMarcMayJulySeptNove

ZMK to RSD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0161, compared to 0.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0161

H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0008 RSD (High: 0.0178 / Low: 0.0171). On the other end, June was the most stable month, with a tight range of 0.0001 RSD (High: 0.0162 / Low: 0.0161).

September Spread (Volatile) ±0.0008

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0188) against the same month in 2013 (average: 0.0160), the exchange rate shifted by +0.0028 (+17.78%).

2014 Avg (December) 0.0188

2013 Avg (December) 0.0160

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0163	0.0159	0.0161
February	0.0165	0.0160	0.0162
March	0.0161	0.0158	0.0159
April	0.0160	0.0158	0.0159
May	0.0162	0.0158	0.0160
June	0.0162	0.0161	0.0162
July	0.0166	0.0161	0.0163
August	0.0171	0.0166	0.0168
September	0.0178	0.0171	0.0175
October	0.0181	0.0178	0.0179
November	0.0185	0.0181	0.0183
December	0.0191	0.0184	0.0188